The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year.
![Bitcoin Is In a ‘Bore You to Death’ Phase, but Bottom Could Be Close, Analysts Say Bitcoin Is In a ‘Bore You to Death’ Phase, but Bottom Could Be Close, Analysts Say](https://www.coindesk.com/resizer/U-Ci2TjjFzH00zD3XbqnE6yhxJA=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DJBDN6WXXREGVIVTWXXBCS22QQ.jpg)